Welcome to our monthly snapshot of regulatory updates and other developments in corporate law We know you are busy so our focus is on capturing key issues Due to the holiday period this months issue covers developments in December and January and we belatedly wish you a happy 2019 ...

If last year was anything to go by managing trade-related risk has never been more important to your business In 2018 we saw significant growth in regulatory actions undertaken globally in reliance on trade law with trade barriers at the forefront of both domestic and international policy-making ...

Looking forward: 2020 and beyond As we look forward at what's to come, the Royal Commission's lessons on governance and director duties continue to resonate in Australian boardrooms across a range of industries. Here are a few key points: ...

Preparing your business to respond Although dealing with regulators will never be an exact science, there are steps you can take now to navigate this new regulatory enforcement landscape. We have been assisting clients with: preparing a ...

Filings: what have we seen and what's to come? Before the publication of the Final Report, the matters raised during the Royal Commission resulted in either the commencement or investigation of class actions in relation to: Superannuation ...

The response to the Final Report The Government's initial response to support the Recommendations was met with intense dissatisfaction and criticism from the mortgage broking industry. Industry groups argued that banning trail commissions ...

Executive remuneration Last year, the Commission's examination of misconduct and senior executive remuneration contributed to a reporting season hit by public showings of shareholder dissatisfaction, with many of Australia's largest ...

Culture and social licence '[G]etting culture and conduct right is not a supervisory requirement. It is necessary for banks’ and banking’s economic and social sustainability'1 Culture and misconduct The role of corporate culture assumes ...

The BEAR It comes as no surprise that one of the key ways in which the Final Report recommends the need for greater personal accountability be addressed is by the expansion of the BEAR. Specifically, the Commissioner has recommended that: ...

Are there implications over a year on? Yes. The broader lessons on culture are becoming clearer, and we have seen an increasing trend towards its regulatory supervision, particularly with APRA regulated entities. In February 2019, the 4th ...